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Archive for September 29th, 2008

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+++++Scroll Down for Updates+++++

HR 3997 has failed to win passage in the House

Quite a kerfluffle on C-Span with the House debating HR 3997 – Financial Markets Bill.

Flap will make comments in the right sidebar under Twitter Updates ———>

Or Follow Flap on Twitter.

In the meantime watch this video on the Democrats saying:”What Me Worry?”

At a 2004 hearing see Democrat after Democrat covering up and attacking the regulations to protect Fannie Mae and Freddie Mac (their Cash Cows) that are now destroying our economy because the Democrats let them cheat.

Update:

Remember when Europeans were ridiculing the United States last week? They are NOT laughing so much now.

Their solution – nationalize their banks.

Update #2:

Gallup Poll says Americans blame Bush and Paulson. Obama is handling crisis the best.

2899356266 377411c356 o Is the Bailout Dead? House Debate is On

But, what has Obama said? He generally approves of the compromise bailout plan of Bush and Paulson.

Amazing……


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If you want to read about the latest pile from Andrew Sullivan go see Patterico and Riehl.

You can listen for yourself below:

Flap says Bull……

Of course, now Andrew Sullivan has taken down his original post and issued a correction.

RawMuscleGlutes is not anyone’s bitch, now is he?


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Graphic from Electoral-Vote.Com

In today’s state of the Presidential race, Barack Obama wins the Presidency with 286 electoral college votes. Since last week when financial news has dominated the race, John McCain has cratered in the polls.

Can John McCain come back and win this race?

Perhaps but it will be an uphill battle.

McCain has fumbled the ball in the red zone by not “dealing” with the financial crisis when he had the opportunity pre-debate Friday. He left the campaign trail to return to Washington, suspended his campaign and had an opportunity to “own” the issue. The bailout plan is a disaster and not supported by a majority of American voters, yet McCain says hold your nose and support it. No leadership there – just more of the same.

As voters become more comfortable with a President Obama and McCain offers nothing different, undecided voters will flock to the Democrat. Voters want change from the Bush Administration of inaction and then another “screw-up.”

McCain has offered none of the above and will lose.


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google plus Day By Day by Chris Muir September 29, 2008   Special Deliverylinkedin Day By Day by Chris Muir September 29, 2008   Special Deliverypinterest Day By Day by Chris Muir September 29, 2008   Special Deliverystumbleupon Day By Day by Chris Muir September 29, 2008   Special Deliveryreader Day By Day by Chris Muir September 29, 2008   Special Deliveryprintfriendly Day By Day by Chris Muir September 29, 2008   Special Deliveryemail Day By Day by Chris Muir September 29, 2008   Special Deliveryshare save 171 16 Day By Day by Chris Muir September 29, 2008   Special Delivery

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Day By Day by Chris Muir

A lot of financial news out there this morning and it looks like some of those institutions will be taking a beating (Wachovia has been sold to Citi Group). In the meantime, the Congress will debate and vote today on a financial recovery act – bailout.

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The Day By Day Archive


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  • (tags: bailout gop)
  • Are we going to have an October surprise, an attack on Iran by either the Bush administration or by Israel to stop the regime from becoming a nuclear power?

    It could happen – and alter the dynamics of the presidential race in the blink of an eye – but only if Israel pulls the trigger. Don’t expect the United States to drop bombs anytime soon. The reason: Iran has us over a barrel.

    According to Britain’s Guardian newspaper, Bush earlier this year nixed an Israeli plan to attack Iran’s nuclear facilities. Reportedly, the President said no because we couldn’t afford Iranian retaliation against our troops in Iraq and Afghanistan or Iran closing down Persian Gulf shipping. Nonetheless, cynical speculation is now swirling in some quarters that with the financial collapse working against McCain – and Bush’s legacy coming into focus – the President might reconsider. Could that tail really wag the dog?
    +++++++
    Possible but not probable

    (tags: iran israel)
  • In a closed-door session with House Republicans Sunday evening, Minority Leader John A. Boehner called the $700 billion financial rescue deal a “crap sandwich” — then said he plans to vote for it.

    House Republicans are the key to the bill’s passage Monday – Speaker Nancy Pelosi said Sunday that it’s a “bipartisan” bill and will need “bipartisanship” to pass – and it now appears that many will cast their votes in favor of it.

    But many Republicans still harbor deep misgivings about the legislation, and the outcome remains uncertain. Asked Sunday night where the support stood for the legislation, Boehner told reporters, “We don’t know.”

    “We’ve made it pretty clear to our members that we are supporting this bill,” Boehner told reporters after the meeting. “We also have made it clear to our members we expected as many of them who could vote for this to vote for it.”
    ++++++
    A crap sandwich indeed…..

    (tags: gop bailout)
  • Because while the mortgage crisis convulsing Wall Street has its share of private-sector culprits they weren’t the ones who “got us into this mess.” Barney Frank’s talking points notwithstanding, mortgage lenders didn’t wake up one fine day deciding to junk long-held standards of creditworthiness in order to make ill-advised loans to unqualified borrowers. It would be closer to the truth to say they woke up to find the government twisting their arms and demanding that they do so – or else.

    The roots of this crisis go back to the Carter administration. That was when government officials, egged on by left-wing activists, began accusing mortgage lenders of racism and “redlining” because urban blacks were being denied mortgages at a higher rate than suburban whites.

    +++++++

    What is wasn’t Reagan and deregulations fault?
    Fancy that……..

  • On Fox News Sunday this morning Bill Kristol said let Palin go – that the McCain team is roping her off from the press and surrounding her with Bushie advisors, which sounds like the third ring of hell. She’s a talented politician, Bill advises, so let her out to do what she is good at doing. I think Bill is mostly right.

    Palin is under extreme pressure. But walling her off will only increase that pressure. She needs the give and take with crowds and with the press to get her feet back under her.

    That much having been said, and here’s where I slightly disagree with Bill, Palin was atrocious not just with Katie Couric but with friendlies like Sean Hannity. She needs to devise answers for questions about foreign policy that do NOT rely on recent cramming. That will look and sound false. She may make stupid errors. And it plays to her weakness. She should never again refer to her Alaska experience as preparation for the role of commander in chief.
    ++++++++
    Let Palin be Palin

    (tags: sarah_palin)
  • Indeed
    (tags: Mike_Pence)
  • On an afternoon conference call, Sen. Lieberman also says Obama’s claim that McCain’s response to the financial crisis was “Katrina-like” is “just more politics, and simply not true.”
    ++++++++++
    Why McCain should not have debated Obama, remained in D.C. and should have submitted his own version of bailout.
  • (tags: daybyday)

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